The label has been and will continue to be run by label founder Dean Bein.

So why did Matador buy True Panther Sounds? Their logic was simple.

"As Victor Kiam once explained his decision to purchase the Remington Shaver operation, “I liked it so much, I bought the company.” Needless to say, we like Dean, Girls, Glasser, Tanlines, Lemonade and Hunx & His Punx much more than than Mr. Kiam appreciated those razor blades," said the label in an announcement.